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Coca-Cola Has Is More Expensive Than Nvidia, Deservedly So
Barrons.com57d agoneutral
Coca-Cola Has Is More Expensive Than Nvidia, Deservedly So

It felt a little like the 1990s on Tuesday, as Coca-Cola took center stage in the stock market after the soft-drink leader reported strong second-quarter earnings. It now trades with a higher valuation than Nvidia and other Magnificent Seven stocks. Coke stock rallied 5% to $88.27 on Tuesday after touching a record $90 earlier in the session, and was up 2.4% at $90.38 in early trading Wedneday.

Stock Market News for July 29, 2026
Zacks57d agoneutral
Stock Market News for July 29, 2026

The Dow and the S&P 500 ended higher on Tuesday, driven by robust earnings and a decline in energy prices, as investors continued to dump chip stocks and take refuge in other defensive assets.

Coca-Cola Stock Has a Higher P/E Than Most of the Magnificent 7
Barrons.com57d agoneutral
Coca-Cola Stock Has a Higher P/E Than Most of the Magnificent 7

It felt a little like the 1990s on Tuesday, as Coca-Cola took center stage in the stock market after the soft-drink leader reported strong second-quarter earnings. Coke stock rallied 5% to $88.27 after touching a record $90 earlier in the session. Other consumer stocks gained, including PepsiCo Colgate-Palmolive and Procter & Gamble as investors continued to rotate out of technology, with the exchange-traded fund losing 1.8%.

Coca-Cola Stock Is Rocking Like the 1990s, With a Higher P/E Than Most of the Magnificent 7
Barrons.com58d agoneutral
Coca-Cola Stock Is Rocking Like the 1990s, With a Higher P/E Than Most of the Magnificent 7

It felt a little like the 1990s on Tuesday, as Coca-Cola took center stage in the stock market after the soft-drink leader reported strong second-quarter earnings. Coke stock rallied 5% to $88.27 after touching a record $90 earlier in the session. Other consumer stocks gained, including PepsiCo Colgate-Palmolive and Procter & Gamble as investors continued to rotate out of technology, with the exchange-traded fund losing 1.8%.

Coca-Cola Stock Soars to Record as  Consumers Keep Spending on Drinks
The Wall Street Journal58d agobullish
Coca-Cola Stock Soars to Record as Consumers Keep Spending on Drinks

Drinks like Coca-Cola Zero Zero are helping drive spending among consumers who are looking for more value in what they buy, Coke Chief Executive Henrique Braun said in an interview. Coke Zero Zero, which has zero calories, sugar and caffeine, had success in Europe and is being expanded to other markets. The drink is focused on those who want less caffeine in the afternoon, Braun said.

CocaCola Q2 Earnings Call Highlights
MarketBeat58d agoneutral
CocaCola Q2 Earnings Call Highlights

CocaCola (NYSE:KO) reported second-quarter results that management said reflected broad-based global momentum, with unit case volume rising 5%, organic revenue increasing 6%, and comparable earnings per share growing 11% to $0.97. Chief Executive Officer Henrique Braun said the quarter benefited fr